[REX] General on 24-Nov-2020

Stock
[REX]: REX INDUSTRY BHD
Announcement Date
17-Nov-2020
Type
General
Date & Time
24-Nov-2020 10:00
Depositor Date
13-Nov-2020
Venue
Broadcast Venue at 50-1, Level 1, Plaza Damansara, Jalan Medan Setia 2, Bukit Damansara, 50490 Kuala Lumpur, Wilayah Persekutuan
Description
Due to the recent extension of the CMCO, the Twenty-Sixth Annual General Meeting of the Company will be conducted on a fully virtual basis via Securities Services e-Portal at https://sshsb.net.my/. The date, time and agenda items remain unchanged.
Notification Letter to Shareholders and Administrative Guide- 17.11.2020.pdf
Outcome

The Board of Directors of Rex Industry Berhad ("the Company") wishes to announce that all the resolutions tabled at the Twenty-Sixth Annual General Meeting ("26th AGM") of the Company held today as per the Notice of the 26th AGM of the Company dated 30 October 2020 ("Notice") and the amended announcement made on 17 November 2020 in respect of the Noticewere approved by the shareholders.


All the resolutions were voted by poll via remote participation and electric voting and the results were validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.


Details of the results of the poll in respect of all resolutions at the 26th AGM of the Company are set out below.


This announcement is dated 24 November 2020.

Voting Results

1. Resolution 1

Description 
To approve the payment of Directors' fees payable to the Non-Executive Directors amounting to RM270,750.00 to be paid on a quarterly basis for the financial year ending 30 June 2021 and thereafter.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 2
No. of Shares 116,580,440 6,508
% of Voted Shares 99.9944 0.0056
Result Accepted

2. Resolution 2

Description 
To approve the payment of Directors' benefits up to an amount of RM100,000.00 from 25 November 2020 until the next Annual General Meeting of the Company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 2
No. of Shares 116,580,440 6,508
% of Voted Shares 99.9944 0.0056
Result Accepted

3. Resolution 3

Description 
To re-elect Mr. Tai Keat Chai, who is due to retire in accordance with Clause 115 of the Company's Constitution and being eligible, had offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 1
No. of Shares 116,580,448 6,500
% of Voted Shares 99.9944 0.0056
Result Accepted

4. Resolution 4

Description 
To re-elect Mr. Chee Cheng Chun, who is due to retire in accordance with Clause 115 of the Company's Constitution and being eligible, had offered himself for re-election.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 1
No. of Shares 116,580,448 6,500
% of Voted Shares 99.9944 0.0056
Result Accepted

5. Resolution 5

Description 
To re-appoint Messrs. Moore Stephens Associates PLT as Auditors of the Company until the conclusion of the next Annual General Meeting and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 1
No. of Shares 116,580,448 6,500
% of Voted Shares 99.9944 0.0056
Result Accepted

6. Resolution 6

Description 
Authority to Issue Shares pursuant to the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 1
No. of Shares 116,580,448 6,500
% of Voted Shares 99.9944 0.0056
Result Accepted

7. Resolution 7

Description 
Proposed Renewal of Existing Shareholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 20 1
No. of Shares 77,574,348 6,500
% of Voted Shares 99.9916 0.0084
Result Accepted

8. Resolution 8

Description 
Proposed Renewal of Authority for the Company to Purchase its own Shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 1
No. of Shares 116,580,448 6,500
% of Voted Shares 99.9944 0.0056
Result Accepted

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